IF-Agency: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IF-Agency
Largest movements
- Receivables within one year -€8,335
down €8,335 (-76.1%), from €10,955 to €2,620
of which Other amounts receivable: -€4,184
- Deferred charges and accrued income -€3,789
down €3,789 (-100%), from €3,789 to €0
- Tangible fixed assets -€441
down €441 (-40.7%), from €1,084 to €642
- Profit (loss) carried forward -€13,110
down €13,110 (-14.6%), from -€89,764 to -€102,875
- Trade debts +€927
up €927 (+28.7%), from €3,231 to €4,158
- Short-term financial debts -€512
down €512 (-100%), from €512 to €0
- Gross operating margin +€4,283
up €4,283 (+27.3%), from -€15,670 to -€11,387
- Other operating charges -€463
down €463 (-42.5%), from €1,090 to €627
- Financial charges +€248
up €248 (+82.2%), from €302 to €550
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,979 | €3,283 | -€12,696 | -79.5% |
| Fixed assets | 21/28 | €1,084 | €642 | -€441 | -40.7% |
| Tangible fixed assets | 22/27 | €1,084 | €642 | -€441 | -40.7% |
| Furniture and vehicles | 24 | €1,084 | €642 | -€441 | -40.7% |
| Current assets | 29/58 | €14,895 | €2,641 | -€12,255 | -82.3% |
| Amounts receivable within one year | 40/41 | €10,955 | €2,620 | -€8,335 | -76.1% |
| Trade receivables | 40 | €4,150 | €0 | -€4,150 | -100% |
| Other amounts receivable | 41 | €6,805 | €2,620 | -€4,184 | -61.5% |
| Cash at bank and in hand | 54/58 | €151 | €20 | -€131 | -86.5% |
| Deferred charges and accrued income | 490/1 | €3,789 | €0 | -€3,789 | -100% |
| Total equity and liabilities | 10/49 | €15,979 | €3,283 | -€12,696 | -79.5% |
| Equity | 10/15 | €10,236 | -€2,875 | -€13,110 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,764 | -€102,875 | -€13,110 | -14.6% |
| Amounts payable | 17/49 | €5,743 | €6,158 | +€415 | +7.2% |
| Amounts payable within one year | 42/48 | €5,743 | €6,158 | +€415 | +7.2% |
| Financial debts | 43 | €512 | €0 | -€512 | -100% |
| Credit institutions | 430/8 | €512 | €0 | -€512 | -100% |
| Trade debts | 44 | €3,231 | €4,158 | +€927 | +28.7% |
| Suppliers | 440/4 | €3,231 | €4,158 | +€927 | +28.7% |
| Other amounts payable | 47/48 | €2,000 | €2,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €128 | €0 | -€128 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €441 | €441 | = | 0.0% |
| Other operating charges | 640/8 | €1,090 | €627 | -€463 | -42.5% |
| Gross operating margin | 9900 | -€15,670 | -€11,387 | +€4,283 | +27.3% |
| Operating profit (loss) | 9901 | -€17,330 | -€12,456 | +€4,874 | +28.1% |
| Financial income | 75/76B | €171 | €215 | +€44 | +25.8% |
| Recurring financial income | 75 | €171 | €215 | +€44 | +25.8% |
| Financial charges | 65/66B | €302 | €550 | +€248 | +82.2% |
| Recurring financial charges | 65 | €302 | €550 | +€248 | +82.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,461 | -€12,791 | +€4,670 | +26.7% |
| Income taxes | 67/77 | €288 | €320 | +€32 | +10.9% |
| Profit (loss) for the period | 9904 | -€17,749 | -€13,110 | +€4,639 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,749 | -€13,110 | +€4,639 | +26.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.